Peanut the Squirrel (PNUT/USDT): Technical Price Prediction Amid Continued Memecoin Volatility

Current Market Snapshot and Catalysts

Right now, PNUT token is sitting at $0.04335505, which is down roughly 2.32% in the last 24 hours. If you take a look at the 4-hour chart, the Relative Strength Index (RSI) is hovering around 29.22—that’s firmly in oversold territory. The price has also fallen well below both the 4-hour Simple Moving Average (sitting near $0.04674) and the Exponential Moving Average (around $0.04627), which really shows how much downward pressure and weak momentum we’re dealing with right now.

When you check out the MACD indicator on that same 4-hour timeframe, the MACD line has dipped just below its signal line, with the histogram showing roughly –0.00023. This points to a bearish crossover that happened not too long ago. As for daily pivot levels, there’s some strong resistance hanging around $0.0458 (R3), with another resistance point at $0.0442 (R1). On the support side, immediate support is near $0.0426 (S1), and there’s more solid support down around $0.0410 (S3).

News-wise, PNUT is pretty much fueled by hype and viral momentum rather than anything fundamental. There’s been some drama lately—particularly a cease-and-desist from the actual owner of “Peanut the Squirrel” over branding rights—and stories about how the memecoin got started have brought fresh attention. But all this also comes with legal headaches and the risk of reputation taking a hit. Interestingly though, on-chain data shows that big wallets have been quietly accumulating over the past 90 days, even with prices dropping. That suggests some seasoned traders think these lower levels might actually be decent buying opportunities. Various analysts have thrown out price predictions ranging anywhere from conservative targets of $0.02–$0.08 all the way up to more optimistic forecasts of $0.12–$0.40 through 2026—though that really depends on whether PNUT can catch fire again on social media and keep whale interest alive.


PNUT/USDT price chart as of late March 2026

Technical Indicators & Price Prediction

Short-Term (Next 1–2 Weeks)

With the RSI this low and price trading beneath both short-term moving averages, PNUT will probably keep testing support levels. We’re likely looking at consolidation somewhere between $0.041 and $0.0426—those daily S1 and S2 pivot zones. If it breaks below $0.041, we could easily see it slide down toward the $0.035–$0.040 range, especially if any bad news drops or the broader memecoin market takes a turn for the worse.

That said, we might see some relief bounces if the price manages to break through resistance near $0.0442 (that daily R1 level). Push past that, and PNUT could head toward $0.0467–$0.048, where those 4-hour moving averages are sitting. Keep in mind though, trading volume has been pretty thin lately, so any real strength above these levels would need a solid catalyst—probably something story-driven or cultural rather than purely chart-based.

Medium-Term (1–3 Months)

If PNUT can hold that $0.041 support and build some real momentum through continued accumulation from bigger players, there’s a chance we could see a breakout push toward $0.070–$0.100. But that’s going to require a real shift in market sentiment—maybe a major exchange listing or some fresh viral moment on social media. Without something like that to shake things up, the token will probably just drift sideways in a range between roughly $0.035 and $0.055, bouncing between support and resistance over and over.

Risks, Wild Cards, and Investor Considerations

Here’s the thing with PNUT—it lives and dies by the story surrounding it, which makes it super vulnerable to outside factors. Those IP disputes could snowball into branding problems or even delisting risks. The token doesn’t really have any practical use beyond keeping the community engaged and riding meme culture, which means when the meme loses steam, the price can drop fast and hard. The whale accumulation we’re seeing is a mixed bag too: yeah, it suggests there might be some underlying support, but if one of those big holders decides to cash out, you could see some wild price swings.

It’s also worth remembering that PNUT has fallen a long way from its all-time high of around $0.48. Even moderate gains from here would represent pretty serious upside—but history tells us that most of these community-driven pumps don’t last unless there’s something more substantial backing them up. And don’t forget to keep an eye on the bigger picture in crypto, especially what’s happening in the Solana ecosystem since PNUT depends on that network for liquidity and broader market effects.